Rate Sheet
| Product |
|---|
| 65% LTV |
| 70% LTV |
| 75% LTV |
| Fee |
| First Mortgages | ||
|---|---|---|
| Product | Mortgage | Line of Credit |
| 65% LTV | 8.95% | P + 3.50%, min. 8.95% |
| 70% LTV | 9.45% | P + 4.00%, min. 9.45% |
| 75% LTV | 9.95% | P + 4.50%, min. 9.95% |
| Fee | 2.00% split | 2.50% split |
| Second Mortgages | ||
|---|---|---|
| Product | Mortgage | Line of Credit |
| 65% LTV | 10.45% | P + 5.00%, min. 10.45% |
| 70% LTV | 10.95% | P + 5.50%, min. 10.95% |
| 75% LTV | 11.95% | P + 6.50%, min. 11.95% |
| Fee | 3.00% split | 4.00% split |
| Starting Rate |
|---|
| Max LTV |
| Fee |
| Commercial | |
|---|---|
| Starting Rate | P + 4.50%, min 9.95% |
| Max LTV | 75% |
| Fee | 2.00% split |
| Construction | |
|---|---|
| Starting Rate | P + 4.50%, min 9.95% |
| Max LTV | 65% |
| Fee | 3.00% split |
| Land | |
|---|---|
| Starting Rate | P + 5.50%, min 10.95% |
| Max LTV | 65% |
| Fee | 2.00% split |
All mortgage products have 12 month open terms with interest only payments.
P denotes BMO Prime | Effective December 12, 2024 BMO Prime = 5.45%
Rates are subject to change and may be withdrawn at any time without notice.
